Bike Week in Charlottesville

“Many people did the ‘drive to qualify,’ ” looking in farther-out suburbs to find affordable homes, says Joe Cortright, an analyst at Impresa Inc., a consulting firm. He says that’s no longer a viable strategy.

Cortright studied home values by ZIP code for a report released last month. He found homes in distant suburbs lost more value than those in vibrant cities. He says higher gas prices and home buyers’ unwillingness to drive far to work were primary reasons.

One thing I am wondering is this – where are the best places to buy recycled bikes in the Charlottesville area?

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About Jim Duncan

I am a Realtor/Broker/Partner with Nest Realty in Charlottesville, Virginia. The goal of this site/blog remains unchanged in the nearly 10 years since its founding – to provide clear, coherent and unbiased analysis of the Charlottesville area real estate market.